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Macau clamps down on cryptocurrencies
28/09/2017 – The Monetary Authority of Macau (AMCM) has issued guidance prohibiting financial institutions operating in the region from providing financial services to any businesses involved in virtual currency, citing concerns about money laundering and terrorist financing. In a statement citing an earlier press release the AMCM said that: “Bitcoin is…
State-regulated online gambling ban may be reintroduced
18/04/2017 – Jeff Sessions, the US Attorney General is reportedly considering the reintroduction of a federal ban on all state-regulated online gambling in the US. Reports in the Huffington Post say that Sessions could consider reintroducing the ban despite a lack of public support and strong opposition from the National…
Ukraine to lift gambling ban
13/04/2017 – The Prime Minister of Ukraine has accepted a Ministry of Finance letter promising to re-legalise gambling by 2018, almost eight years after it was outlawed. A previous legalisation proposal two years prior failed as operators felt that the tax rates and licensing fees were too high. Thosegambling ban implied…
US Department of Justice establish repayment plan for victims of Absolute Poker’s “Black Friday” fraud
11/04/2017 – The Department of Justice have recently announced that Absolute Poker is to compensate players through a claims process similar to that of Full Tilt, which is part of an ongoing civil complaint settlement following the events of online poker’s “Black Friday” in 2011. In April 2011, the U.S. Department…
Consortium propose casino and shopping complex in Malta
24/03/2017 – Midi, a development consortium from Malta, has proposed a casino hotel and shopping complex for Manoel Island The consortium obtained a 99-year concession on the biggest part of the island 17 years ago. However, according to Times of Malta, Midi had a meeting with NGOs earlier this week where…
Tabcorp fined $45m for anti-money laundering and counter-terrorism
16/03/2017 – The Federal Court has fined gaming operator giant, Tabcorp $45m for breaches of anti-money laundering and counter-terrorism financing laws on 108 occasions over a five-year period. In July 2015, AUSTRAC filed papers in the Federal Court against the three Tapcorp group companies for extensive, significant and systemic noncompliance with…
Lottoland hopes to be the first private lottery operator in Germany
15/03/2017 – Lottoland has filed an application to have its own lottery in several German federal states in order to challenge the German lottery monopoly and become the first private lottery operator of a major lottery in the country. The company’s new German lottery system will resembles that of the German…
UK lottery loophole may be shutdown as licence for lottery betting is granted by MGA
06/03/2017 – A betting loophole that allows gambling websites to offer cut-price bets on the EuroMillions lottery draw is intended to be closed by the government as it takes “money away from good causes”. Although the Gambling Act prohibits betting on National Lottery games, websites get around the law by offering…
Gambling adverts could face UK daytime TV ban
07/10/2016 – A report in today’s Times newspaper claims that operators could be facing a ban on TV advertising before the 9pm watershed. Bookmakers are currently able to advertise during the day, provided those adverts are for bingo, or during commercial breaks in live sporting events. The Times claims that the…
Gambling Commission announces “two way conversation” initiative with gamblers
03/10/2016 – The Gambling Commission (GC) released its updated plan on communicating with consumers today. Recognising that consumers are the keystone for its work, the Commission is acting to improve efficiency in contact and provide more information to reduce problems that stem from the gaming industry. Investigations into consumer behaviour are…
Bill to ban online gambling in the USA introduced to the Senate
29/09/2016 – US Senator for Arkansas, Tom Cotton, has quietly filed a bill to the Senate seeking to ban online gambling in the country. The bill, S.3376, was read twice before being referred to the Committee on the Judiciary, leaving it eligible both for debate and voting on its passage. The…
Gambling Commission publishes discussion paper on eSports and virtual currencies
12/08/2016 – The Gambling Commission (GC) has published a discussion paper outlining its concerns on virtual currencies, eSports and social gaming. The GC’s assessment that the lines between “some social gaming products and gambling are blurring”, and that “technological developments and the expansion of digital or virtual currencies mean that operators…
Massachusetts the latest state to cross the fantasy sports finish line
11/08/2016 – Eight US states have now enacted paid-entry fantasy sports bills this year, after Massachusetts Governor Charlie Baker has effectively signed a three-year deal into law. Rather than act as a bill purely to legalise fantasy sports, H 4569 was an economic development bill that included fantasy sports regulation, as…
Arrests made over Welsh football match-fixing allegations
10/08/2016 – A total of 10 people have been arrested by South Wales Police in relation to an investigation into match fixing on a Welsh Premier League football match played last season. The Football Association of Wales (FAW) referred the case to the Gambling Commission’s Sports Betting Intelligence Unit, before both…
Marathonbet warned by ASA over misleading free bet promotion
13/07/2016 – The UK Advertising Standards Authority (ASA) has issued a warning to operator Marathonbet concerning a misleading promotion, which failed to make clear that a portion of customer’s winnings would be paid out in free bets. The promotional text stated: “New customer offer… 2/1 Willie Mullins top trainer”, while smaller…
BHA raises concerns over Ladbrokes Coral merger
08/07/2016 – Nick Rust, Chief Executive of the British Horseracing Authority (BHA), has written to the Competition and Markets Authority (CMA) to outline the governing body’s fears for the horseracing industry with regards to the proposed Ladbrokes Coral merger. The CMA began investigating the planned merger in December and announced in…
Portugal gets its second licensed online sports betting operator
07/07/2016 – Malta-based Bet Entertainment Technologies Ltd has been announced as the second online operator to be awarded a license under Portugal’s new online gambling licensing regime. Bet Entertainment will offer its services to Portuguese customers on the www.bet.pt domain, which operates on a platform provided by SBTech. The Portuguese regulator,…
The Netherlands progresses towards regulated online gambling
07/07/2016 – The lower chamber of the Dutch parliament today passed a bill that is set to regulate online gambling in the country for the first time. Passage through the Dutch Senate is expected to be a formality, and it is widely anticipated that a regulatory framework for online gambling will…
Gibraltar aims to allay Brexit fears
05/07/2016 – The Gibraltar Minister of Financial Services and Gaming has sought to play down fears over the impact that the UK’s departure from the European Union could have on operators based in the region, saying that it is “business as usual”. The UK’s vote to leave the European Union in…
Philippine regulator freezes issuing of online gaming licenses
05/07/2016 – The Philippine Amusement and Gaming Corporation (Pagcor), the Philippine gaming regulator, is temporarily halting the processing and issuance of all online gambling license applications. The move follows comments made last week by the new President of the Philippines, Rodrigo Duterte, who pledged to crackdown on online gambling in his…
Gambling Commission industry stats: What came out of the report?
05/07/2016 – The UK gambling industry (excluding Northern Ireland), has been given a boost following the fears of what June’s Brexit vote may cause, after some encouraging statistics were published by the Gambling Commission (GC). Dates were adjusted for the latest accounting period, with results being shown for October 2014 to…
Why Gibraltar-based operators should not panic following Brexit vote
24/06/2016 – UK voters deciding to leave the European Union with a 51.9% majority vote brings about another possible exit discussion: Is it time for gambling companies to leave Gibraltar? Gibraltar is the buzzword that pops up in various discussions about the impacts of Brexit on the UK. The people of…
South Australia to introduce new gambling tax
23/06/2016 – The state government of South Australia has announced a new place of consumption tax to be levied on betting companies offering services in the state. To be included in next month’s state budget and commenced from 1 July 2017, the 15% tax is Australia’s first interstate gambling tax, and…
New York shows DFS can learn lessons from the case of i-poker
21/06/2016 – The differences and similarities in how online poker and daily fantasy sports (DFS) in the US have been handled continue to emerge, following recent developments in New York. While online poker bill S5302 missed the adjournment deadline of 17 June, S8153, a bill seeking to legalise both daily and…
UK operators have allegedly closed 20,000 accounts
13/06/2016 – The UK Horseracing Bettors’ Forum (HBF) has estimated that 20,000 British online accounts were closed by operators over the last six months. The estimation was included in a publication of the results of a survey conducted between 3 April and 30 April, which found that over 4,000 accounts were…
Danish market records strong Q1 growth in online sports betting and casino products
06/06/2016 – Denmark’s regulated gaming market experienced year-on-year growth of 30% in sports betting and online casino products for Q1, with Gross Gaming Revenue (GGR) of DKK975m compared to DKK750m for the same period last year. The increase has been driven by surging online sports betting and casino revenue, with online…
New York DFS bill advances to imminent new hearing
02/06/2016 – A bill aiming to regulate daily fantasy sports (DFS) in New York will be moved on to the Senate Finance Committee, after being passed at a committee hearing. S6793A, introduced by Senator John Bonacic in February, was heard by members of the Senate Racing, Gaming and Wagering Committee, chaired…
Betfair and Arsenal renew partnership
02/06/2016 – The new deal sees the operator become the official betting partner of Arsenal in the UK, Europe, Central and South America, while the expanded partnership will give Betfair increased branding at all domestic fixtures played at the Emirates Stadium. Betfair will also have access to first-team players in developing…
MGM Resorts to purchase Boyd’s share in Borgata
01/06/2016 – MGM Resorts is to purchase Borgata Hotel Casino & Spa in its entirety, after agreeing to buy the remaining 50% stake in the casino from its partner Boyd Gaming for a consideration of $900m. This does not mean that MGM Resorts will be the sole owner of Borgata, however,…
Visa rules to tighten for Macau casino executives
31/05/2016 – The Macau government is set to tighten its visa policy for executive’s working in the territory’s casinos, in a bid to see more local employees promoted to management positions. Speaking to the Portuguese-language Jornal Tribuna de Macau, The Human Resources Office of Macau confirmed that it can deny requests…
Singapore Pools struggling to launch before the Euros
31/05/2016 – Online betting still seemingly has a way to go before it is a reality for punters in Singapore. That’s because less than two weeks before the start of Euro 2016, lottery operator Singapore Pools has yet to get regulatory clearance to launch its first online betting website. In February…
BetClic Everest first sports-betting operator to move into new Portugal
27/05/2016 – BetClic Everest has become the first operator to launch in Portugal’s regulated online sports-betting market. The operator says on its website that its Portuguese offering is primarily for the Portuguese market, but is available for all Portuguese-speaking players. Sports-betting appears to be the only vertical on offer at the…
Ladbrokes Coral would be placed third in UK online sports-betting market
24/05/2016 – Ladbrokes Coral would be the third-biggest UK online sports-betting operator, in terms of traffic, should the merger be allowed to complete. Based on last year’s traffic numbers, released by digital research firm SimilarWeb, Ladbrokes is the fourth most popular i-gaming site in the UK with 15.1 million average visits…
William Hill partners with social betting network
24/05/2016 – Betfect has announced that William Hill has signed up to the sports-betting social network. Betfect went live last year with Ladbrokes as its first major partner. The new partnership is a considerable milestone for the social network that aims to revolutionise the betting industry with its platform. Betfect, a…
Amaya: What is the fuss?
17/05/2016 – Despite having a recent change in CEO and unwanted publicity, the numbers appear to show it’s business as usual at Amaya. When you look at the PokerStars owner’s Q1 2016 financial results that were published on Monday, revenue is no longer a reflection of hefty percentage increases. The total…
Czech gambling legislation makes progress
14/04/2016 – The Czech lower house has approved legislation to raise taxes on gambling firms and open the online market to foreign operators. Reuters reports that, as of next year, tax on slot machines will increase from 28% to 35%, with verticals including sports betting and lottery remaining at 23%. The…

 

 

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